Business

Mashreq leads OSN’s $200m loan facility 02 Dec 2013 - 09:05 am

Officials posing for a picture. Dubai: OSN, the leading pay-TV network in the Middle East and North Africa (Mena), has successfully closed its...

Asda’a brings PSB to Mideast 02 Dec 2013 - 09:04 am

Doha: Asda’a Burson-Marsteller, the Middle East’s leading public relations consultancy, further strengthened its investment in evidence-based communications with the launch of the first...

QNCC to launch Plant 5 02 Dec 2013 - 09:01 am

By Satish Kanady DOHA: To ramp up its production capacity, Qatar National Cement Company (QNCC) will sign a contract with global company FLSmidth...

Nobel Prize economist warns of US stock market bubble 02 Dec 2013 - 09:00 am

BERLIN: An American who won this year’s Nobel Prize for economics believes sharp rises in equity and property prices could lead to a...

Carmakers rev up for return to Iran market 02 Dec 2013 - 08:59 am

TEHRAN: Major carmakers and parts suppliers showed up in Tehran on Saturday to assess the Iranian market’s “considerable potential,” just one week after...

Opec likely to keep output ceiling 02 Dec 2013 - 08:59 am

VIENNA: The Organisation of Petroleum Exporting Countries (Opec) meets here this week to decide on the cartel’s oil output against a backdrop of...

Qatar bourse index rises by 0.2 percent 02 Dec 2013 - 08:58 am

DUBAI: Egypt’s bourse posted the biggest gain in the region, rising 1.4 percent in thin trading as the country was readying a draft...

Zain wants to keep control of Bahrain arm after IPO 02 Dec 2013 - 08:58 am

DUBAI: Telecom operator Zain wants to retain majority control of its Bahraini subsidiary after the unit’s initial public offering, but has yet to...

Foreign investors return to Spain 02 Dec 2013 - 08:57 am

MADRID: A year after fleeing Spain as its economy tottered on the brink of a full-blown sovereign bailout, foreign investors are coming back....

Gold prices plunge 02 Dec 2013 - 08:57 am

LONDON: November brought more bad news for believers in the eternal power of gold: The commodity saw its sharpest monthly price fall since...

Buyers recycle jewellery in India 02 Dec 2013 - 08:56 am

MUMBAI: Faced with high premiums to secure scarce supplies of gold, relatives and guests at Indian weddings are having their old heirlooms melted...

UAE to spend $5.5bn more on development projects 02 Dec 2013 - 08:55 am

DUBAI: The President of the United Arab Emirates yesterday announced an extra Dh20bn ($5.5bn) of spending on approved development projects and launched a...

South Korea’s exports for November rise to $47.92bn 02 Dec 2013 - 08:55 am

SEOUL: South Korea’s exports for November rose to $47.92bn on the back of robust sales of mobile devices and ships, official data showed...

Minister visits sand washing plant 01 Dec 2013 - 08:15 am

The Minister of Economy and Trade H E Sheikh Ahmed bin Jassim bin Mohamed Al Thani with officials and dignitaries during a visit...

Shaika Al Maskari at S’Agaro meet 01 Dec 2013 - 08:14 am

Shaika Al Maskari (right), President of Abu Dhabi’s Al Maskari Holding, takes part in a round table on business growth as she attends...

IMF chief in Cambodia 01 Dec 2013 - 08:14 am

International Monetary Fund (IMF) Managing Director Christine Lagarde (left) talks with the Governor of the National Bank of Cambodia Chea Chanto at Siem...

Fuel price rise in Brazil 01 Dec 2013 - 08:12 am

Thyssen announces capital raise as US deal sealed 01 Dec 2013 - 08:11 am

The interior of the ThyssenKrupp Steel USA factory in Calvert, Alabama. ThyssenKrupp has agreed to compensate buyers of its US steel plant for...